Welcome to our dedicated page for Blink Charging Co news (Ticker: BLNK), a resource for investors and traders seeking the latest updates and insights on Blink Charging Co stock.
Blink Charging Co (NASDAQ: BLNK) delivers innovative electric vehicle charging solutions through its integrated network of hardware stations and cloud-based management software. This dedicated news hub provides investors and industry professionals with timely updates on the company’s infrastructure expansions, strategic partnerships, and technological advancements.
Access official press releases, financial disclosures, and operational developments in one centralized location. Our curated collection includes updates on BLNK’s charging station deployments, software enhancements, municipal collaborations, and participation in renewable energy initiatives. Regular updates ensure you stay informed about critical milestones in the evolving EV infrastructure sector.
Key content categories include new product launches, quarterly financial results, government grant acquisitions, and cross-industry partnerships. The platform serves as an essential resource for tracking BLNK’s progress in addressing range anxiety and supporting sustainable transportation growth across commercial and public spaces.
Bookmark this page for streamlined access to Blink Charging Co’s latest developments. Combine these verified updates with broader market analysis to inform your understanding of the competitive EV charging landscape.
News
Rhea-AI Summary
Blink Charging Co. (BLNK) anticipates exceeding revenue targets for Q4 2023 and full-year 2023, with Q4 revenue expected to surpass $42 million and full-year revenue to surpass $140 million. The company aims to achieve a positive Adjusted EBITDA run rate by December 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
-
Rhea-AI Summary
Blink Charging Co. (BLNK) announces a record-breaking fourth-quarter 2023 revenue exceeding $42 million and a full-year 2023 revenue surpassing $140 million. The company aims for positive Adjusted EBITDA by December 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.09%
Tags
-
Rhea-AI Summary
Blink Charging Co. (BLNK) announced the installation of 20 IQ 200 chargers across four downtown parking garages in the City of Frederick, MD, to cater to the charging needs of residents and visitors. The strategic placement of the chargers near key retail, dining, and residential areas aims to enhance accessibility for users. The collaboration between Blink Charging and the City of Frederick signifies a groundbreaking advancement in the expansion and innovation of EV charging infrastructure. The City of Frederick Department of Economic Development is introducing membership options for residents, ensuring secured access to charging spots, granting them the flexibility to charge their vehicles at their convenience. The initiative is designed to cater to residents and frequent visitors, providing added convenience for their trips to the city. Mayor Michael O'Connor believes that together with Blink, they are powering Frederick towards a greener, more sustainable future. The initiative is also supported by the Greater Washington Region Clean Cities Coalition, aiming to improve equitable access to clean energy and transportation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.3%
Tags
Rhea-AI Summary
Blink Charging Co. has been named the official EV charging provider for Allegiant Stadium, home of the Las Vegas Raiders, offering much-needed reliable EV charging solutions for drivers. The chargers, operational 24/7, will provide EV owners with the flexibility to utilize Allegiant Stadium’s charging facilities at any time, whether attending a major game, shopping, enjoying a concert, participating in an event at the stadium, or simply passing by and in need of a quick charge. Allegiant Stadium's commitment to sustainability is further reinforced by this partnership, following its LEED Gold Certification and becoming the inaugural professional football stadium powered entirely by renewable energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.41%
Tags
-
Rhea-AI Summary
Blink Charging Co. partners with McArthurGlen to install 33 EV chargers at designer outlet centers in the Netherlands, with plans to expand to 400 chargers in the next two years. The partnership aims to provide reliable EV charging for millions of visitors annually. Blink Charging is poised for rapid expansion in Dutch territory, offering modern charging equipment and smart services to meet the growing demand for environmentally friendly electric vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
-
Rhea-AI Summary
Blink Charging Co. (NASDAQ: BLNK) partners with Grupo Q, Porsche's official dealer in El Salvador, to launch five advanced EV charging stations in select premium locations, strategically placed at high-demand spots like hotels, restaurants, golf clubs, retail shops, and marinas. The chargers are part of Porsche's Destination Charging Program, aiming to expand and ensure EV charging infrastructure worldwide. Blink's fast Level 2 (L2) AC charging stations, IQ 200 chargers, will provide approximately 65 miles of charge in just one hour, featuring convenient payment options and major credit card support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
Rhea-AI Summary
Blink Charging Co. (NASDAQ: BLNK) had a record-breaking year in 2023, solidifying its position as an EV charging industry leader. The company made significant collaborations, including an exclusive agreement with Mitsubishi, a successful $100 million capital raise, a contract with the United States Postal Service for up to 41,500 EV charging stations, and the acquisition of Envoy Technologies, Inc. Blink also announced record-breaking revenue in the third quarter, surpassing its previous record-breaking second quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.49%
Tags
-
Rhea-AI Summary
Blink Charging Co. (NASDAQ: BLNK) has been selected as a full-service EV infrastructure provider for Mack Trucks through Mack’s Vendor Direct Ship and Turnkey Solutions program. This partnership will enable Mack Trucks' customers to have access to Blink’s EV equipment specially designed and optimized for fleets. Blink Charging Co. also announced plans to expand operations in the United Kingdom and Ireland by launching its advanced EQ 200 charger, continuing its global expansion initiative. The company's third-quarter results evidenced a notable increase in revenues by 152%, totaling approximately $43.4 million, and a surge in gross profits by 167% to roughly $12.8 million in contrast to Q3 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
Tags
-
Rhea-AI Summary
Blink Charging Co. (NASDAQ: BLNK) announced President and CEO Brendan Jones will discuss the company’s record growth and strategic roadmap towards positive EBITDA at UBS Industrials Summit on November 29. The company raised its 2023 revenue target to $128 - $133 million and targets adjusted EBITDA break-even run rate by December 2024. Third quarter 2023 results showed significant increases in total revenues, gross profit, product sales, and service revenues, indicating strong demand for its products and services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.57%
Tags
Rhea-AI Summary
Blink Charging Co. (Nasdaq: BLNK) raises 2023 revenue target to $128 - $133 million and targets adjusted EBITDA break even run rate by December 2024. Third quarter 2023 revenues increased 152% to $43.4 million. Gross profit increased 167% to $12.8 million with 29.5% margin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.8%
Tags
Blink Charging Co
Nasdaq:BLNK
BLNK Rankings
BLNK Stock Data
70.34M
96.73M
5.93%
34.04%
25.03%
Engineering & Construction
Miscellaneous Transportation Equipment
United States
MIAMI BEACH